UMB Bank n.a. Sells 127 Shares of Fair Isaac Co. (NYSE:FICO)

UMB Bank n.a. reduced its position in shares of Fair Isaac Co. (NYSE:FICO) by 29.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 305 shares of the technology company’s stock after selling 127 shares during the quarter. UMB Bank n.a.’s holdings in Fair Isaac were worth $355,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Johnson Investment Counsel Inc. raised its holdings in Fair Isaac by 0.3% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 3,412 shares of the technology company’s stock worth $2,963,000 after purchasing an additional 11 shares in the last quarter. KB Financial Partners LLC raised its holdings in Fair Isaac by 26.2% in the 3rd quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock worth $46,000 after purchasing an additional 11 shares in the last quarter. Huntington National Bank raised its holdings in Fair Isaac by 14.3% in the 3rd quarter. Huntington National Bank now owns 96 shares of the technology company’s stock worth $83,000 after purchasing an additional 12 shares in the last quarter. Alcosta Capital Management Inc. raised its holdings in Fair Isaac by 0.4% in the 3rd quarter. Alcosta Capital Management Inc. now owns 3,291 shares of the technology company’s stock worth $2,858,000 after purchasing an additional 12 shares in the last quarter. Finally, CWM LLC raised its holdings in Fair Isaac by 8.1% in the 3rd quarter. CWM LLC now owns 174 shares of the technology company’s stock worth $151,000 after purchasing an additional 13 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CFO Steven P. Weber sold 136 shares of the stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $1,159.66, for a total value of $157,713.76. Following the transaction, the chief financial officer now owns 1,935 shares in the company, valued at approximately $2,243,942.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CFO Steven P. Weber sold 136 shares of the stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $1,159.66, for a total value of $157,713.76. Following the transaction, the chief financial officer now owns 1,935 shares in the company, valued at approximately $2,243,942.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO William J. Lansing sold 8,000 shares of the stock in a transaction that occurred on Tuesday, March 19th. The stock was sold at an average price of $1,225.93, for a total transaction of $9,807,440.00. Following the completion of the transaction, the chief executive officer now owns 20,638 shares in the company, valued at approximately $25,300,743.34. The disclosure for this sale can be found here. Insiders have sold a total of 16,136 shares of company stock valued at $20,044,434 in the last 90 days. 3.54% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on FICO. Needham & Company LLC upped their target price on shares of Fair Isaac from $1,100.00 to $1,500.00 and gave the stock a “buy” rating in a research report on Friday, January 26th. Jefferies Financial Group upped their target price on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a “buy” rating in a research report on Wednesday, January 17th. Raymond James upped their target price on shares of Fair Isaac from $1,214.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. Barclays upped their target price on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an “overweight” rating in a research report on Friday, January 26th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $1,350.00 target price on shares of Fair Isaac in a research report on Friday, January 26th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,187.20.

Fair Isaac Stock Up 0.9 %

Shares of NYSE FICO opened at $1,230.42 on Friday. The firm’s 50-day moving average price is $1,266.06 and its 200-day moving average price is $1,118.58. The company has a market cap of $30.58 billion, a PE ratio of 68.78, a PEG ratio of 3.59 and a beta of 1.21. Fair Isaac Co. has a 52-week low of $664.41 and a 52-week high of $1,349.75.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Thursday, January 25th. The technology company reported $3.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.76 by $0.11. The firm had revenue of $382.06 million for the quarter, compared to the consensus estimate of $386.55 million. Fair Isaac had a net margin of 29.20% and a negative return on equity of 57.80%. As a group, equities research analysts anticipate that Fair Isaac Co. will post 20.01 EPS for the current fiscal year.

About Fair Isaac

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.